National Bank Financial upgraded shares of GFL Environmental (NYSE:GFL - Free Report) to a strong-buy rating in a research report sent to investors on Monday morning,Zacks.com reports. National Bank Financial also issued estimates for GFL Environmental's Q2 2025 earnings at $0.17 EPS, Q3 2025 earnings at $0.17 EPS, Q4 2025 earnings at $0.16 EPS, FY2025 earnings at $0.43 EPS and FY2026 earnings at $0.90 EPS.
A number of other brokerages also recently weighed in on GFL. National Bankshares reissued an "outperform" rating on shares of GFL Environmental in a research report on Tuesday, March 11th. UBS Group boosted their price target on GFL Environmental from $50.00 to $57.00 and gave the stock a "buy" rating in a research report on Friday, April 4th. Scotiabank reissued an "outperform" rating on shares of GFL Environmental in a research report on Monday, May 5th. Stifel Nicolaus raised GFL Environmental from a "hold" rating to a "buy" rating in a research report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. began coverage on GFL Environmental in a research report on Friday, May 23rd. They set a "neutral" rating and a $54.00 price target on the stock. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $54.50.
Read Our Latest Research Report on GFL
GFL Environmental Stock Up 2.4%
Shares of NYSE:GFL traded up $1.18 during midday trading on Monday, reaching $50.43. The company had a trading volume of 1,686,527 shares, compared to its average volume of 1,523,439. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.27. The business's 50 day moving average price is $48.57 and its 200 day moving average price is $46.40. The stock has a market cap of $18.49 billion, a PE ratio of -37.92 and a beta of 1.08. GFL Environmental has a 1-year low of $32.55 and a 1-year high of $52.00.
GFL Environmental (NYSE:GFL - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.10). The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.52 billion. GFL Environmental had a negative net margin of 7.54% and a positive return on equity of 3.50%. The firm's quarterly revenue was down 13.4% compared to the same quarter last year. Research analysts forecast that GFL Environmental will post 0.58 EPS for the current fiscal year.
GFL Environmental Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, April 14th were paid a $0.0154 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.12%. This is a boost from GFL Environmental's previous quarterly dividend of $0.01. GFL Environmental's dividend payout ratio is presently 1.23%.
Institutional Investors Weigh In On GFL Environmental
Hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank bought a new stake in shares of GFL Environmental during the fourth quarter worth about $126,420,000. Capital Research Global Investors grew its holdings in GFL Environmental by 11.4% during the 4th quarter. Capital Research Global Investors now owns 26,973,784 shares of the company's stock worth $1,201,406,000 after acquiring an additional 2,751,618 shares during the last quarter. FMR LLC increased its position in GFL Environmental by 10.0% in the 4th quarter. FMR LLC now owns 27,664,678 shares of the company's stock valued at $1,233,223,000 after acquiring an additional 2,506,021 shares during the period. American Century Companies Inc. raised its stake in shares of GFL Environmental by 87.2% during the first quarter. American Century Companies Inc. now owns 4,515,302 shares of the company's stock valued at $218,134,000 after acquiring an additional 2,102,663 shares during the last quarter. Finally, Wellington Management Group LLP acquired a new position in shares of GFL Environmental during the fourth quarter worth $93,343,000. Institutional investors own 64.70% of the company's stock.
About GFL Environmental
(
Get Free Report)
GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.
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